Prout’s vision of ‘economic democracy for economic liberation’ is fulfilled by a system of economic decentralisation. Most political systems today centralise economic power and decision making in central government or with a central controlling body.
A decentralised economy materialises Prout’s core tenets of maximum utilisation and rational distribution of resources. For economic democracy to become a reality, economic policies adhering to these principles of a decentralised economy need to be implemented.
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